RITES Limited

NSEI:RITES Stock Report

Market Cap: ₹118.2b

RITES Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Rahul Mithal

Chief executive officer

₹11.0m

Total compensation

CEO salary percentage59.37%
CEO tenure4.3yrs
CEO ownershipn/a
Management average tenure2.8yrs
Board average tenure2.4yrs

Recent management updates

Most Shareholders Will Probably Agree With RITES Limited's (NSE:RITES) CEO Compensation

Sep 17
Most Shareholders Will Probably Agree With RITES Limited's (NSE:RITES) CEO Compensation

Recent updates

RITES (NSE:RITES) Hasn't Managed To Accelerate Its Returns

Dec 24
RITES (NSE:RITES) Hasn't Managed To Accelerate Its Returns

RITES Limited (NSE:RITES) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Nov 16
RITES Limited (NSE:RITES) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Calculating The Fair Value Of RITES Limited (NSE:RITES)

Oct 08
Calculating The Fair Value Of RITES Limited (NSE:RITES)

Most Shareholders Will Probably Agree With RITES Limited's (NSE:RITES) CEO Compensation

Sep 17
Most Shareholders Will Probably Agree With RITES Limited's (NSE:RITES) CEO Compensation

RITES' (NSE:RITES) Dividend Will Be ₹2.65

Sep 07
RITES' (NSE:RITES) Dividend Will Be ₹2.65

RITES' (NSE:RITES) Dividend Will Be ₹1.30

Aug 12
RITES' (NSE:RITES) Dividend Will Be ₹1.30

These Return Metrics Don't Make RITES (NSE:RITES) Look Too Strong

Jul 03
These Return Metrics Don't Make RITES (NSE:RITES) Look Too Strong

RITES Limited's (NSE:RITES) Shares Climb 26% But Its Business Is Yet to Catch Up

May 20
RITES Limited's (NSE:RITES) Shares Climb 26% But Its Business Is Yet to Catch Up

RITES Limited (NSE:RITES) Shares Could Be 31% Below Their Intrinsic Value Estimate

Mar 29
RITES Limited (NSE:RITES) Shares Could Be 31% Below Their Intrinsic Value Estimate

Be Wary Of RITES (NSE:RITES) And Its Returns On Capital

Mar 09
Be Wary Of RITES (NSE:RITES) And Its Returns On Capital
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Record Backlog And Global Market Expansion Will Strengthen Future Outlook

RITES' strategic focus on execution and order inflows has led to a strong order backlog, supporting potential future revenue growth.

RITES Limited's (NSE:RITES) Business Is Yet to Catch Up With Its Share Price

Feb 18
RITES Limited's (NSE:RITES) Business Is Yet to Catch Up With Its Share Price

RITES Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Jan 31
RITES Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)

Nov 28
A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)

RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75

Nov 09
RITES' (NSE:RITES) Dividend Is Being Reduced To ₹1.75

RITES (NSE:RITES) Will Pay A Dividend Of ₹5.00

Sep 11
RITES (NSE:RITES) Will Pay A Dividend Of ₹5.00

RITES Limited's (NSE:RITES) CEO Compensation Looks Acceptable To Us And Here's Why

Sep 06
RITES Limited's (NSE:RITES) CEO Compensation Looks Acceptable To Us And Here's Why

RITES (NSE:RITES) Is Due To Pay A Dividend Of ₹5.00

Aug 17
RITES (NSE:RITES) Is Due To Pay A Dividend Of ₹5.00

RITES (NSE:RITES) Has Announced That Its Dividend Will Be Reduced To ₹2.50

Aug 03
RITES (NSE:RITES) Has Announced That Its Dividend Will Be Reduced To ₹2.50

A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)

May 26
A Look At The Intrinsic Value Of RITES Limited (NSE:RITES)

Here's What To Make Of RITES' (NSE:RITES) Decelerating Rates Of Return

Apr 02
Here's What To Make Of RITES' (NSE:RITES) Decelerating Rates Of Return

RITES Limited's (NSE:RITES) 32% Price Boost Is Out Of Tune With Earnings

Feb 23
RITES Limited's (NSE:RITES) 32% Price Boost Is Out Of Tune With Earnings

Revenue Beat: RITES Limited Beat Analyst Estimates By 6.1%

Feb 05
Revenue Beat: RITES Limited Beat Analyst Estimates By 6.1%

RITES Limited's (NSE:RITES) Low P/E No Reason For Excitement

Jan 05
RITES Limited's (NSE:RITES) Low P/E No Reason For Excitement

Return Trends At RITES (NSE:RITES) Aren't Appealing

Dec 12
Return Trends At RITES (NSE:RITES) Aren't Appealing

Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)

Oct 28
Calculating The Intrinsic Value Of RITES Limited (NSE:RITES)

CEO Compensation Analysis

How has Rahul Mithal's remuneration changed compared to RITES's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

₹4b

Jun 30 2025n/an/a

₹4b

Mar 31 2025₹11m₹7m

₹4b

Dec 31 2024n/an/a

₹4b

Sep 30 2024n/an/a

₹4b

Jun 30 2024n/an/a

₹4b

Mar 31 2024₹10m₹6m

₹5b

Dec 31 2023n/an/a

₹5b

Sep 30 2023n/an/a

₹5b

Jun 30 2023n/an/a

₹5b

Mar 31 2023₹9m₹6m

₹5b

Dec 31 2022n/an/a

₹5b

Sep 30 2022n/an/a

₹5b

Jun 30 2022n/an/a

₹6b

Mar 31 2022₹6m₹3m

₹5b

Compensation vs Market: Rahul's total compensation ($USD122.41K) is below average for companies of similar size in the Indian market ($USD521.18K).

Compensation vs Earnings: Rahul's compensation has been consistent with company performance over the past year.

CEO

Rahul Mithal (58 yo)

4.3yrs
Tenure
₹11,022,602
Compensation

Mr. Rahul Mithal serves as Managing Director, Chief Executive Officer and Chairman at RITES Limited since October 07, 2021. He served as Director of Projects at RITES Limited since August 01, 2022 until Se...

Leadership Team

NamePositionTenureCompensationOwnership
Rahul Mithal
Chairman4.3yrs₹11.02mno data
Krishna Agarwal
Director2.4yrs₹6.93mno data
Deepak Tripathi
Director of Technical2.8yrs₹7.42mno data
Ashok Mishra
Company Secretary & Compliance Officer1.9yrsno datano data
S. Mohanty
Chief People Officer3yrsno datano data
Sandeep Jain
Vertical Head of Technical Service1.9yrsno datano data
Ghalib Jillani
Vertical Head of Quality Assurance3.5yrsno datano data
Rajesh Kumar
Country Head of Botswana3.5yrsno datano data
Anil Prakash
Regional Head of East Coast Region Project Office3yrsno datano data
Pankaj Chaudhary
Additional Vertical Head of Buildings2.8yrsno datano data
Mahesh Sreenivasan
Vertical Head of Management Services2yrsno datano data
Prem Meena
Vertical Head of Metro Unit2.2yrsno datano data
2.8yrs
Average Tenure
57yo
Average Age

Experienced Management: RITES's management team is considered experienced (2.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rahul Mithal
Chairman4.3yrs₹11.02mno data
Krishna Agarwal
Director2.4yrs₹6.93mno data
Deepak Tripathi
Director of Technical2.8yrs₹7.42mno data
Dineshananda Goswami
Independent Director4.2yrs₹230.00kno data
Likha Togu
Independent Director4yrs₹370.00kno data
Shailendra Singh
Government Nominee Director1.8yrsno datano data
Rajbir Sharma
Independent Directorless than a yearno datano data
Purnima Kerketta
Independent Directorless than a yearno datano data
Jayant Kumar
Part-time Government Nominee Directorless than a yearno datano data
2.4yrs
Average Tenure
55yo
Average Age

Experienced Board: RITES's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/03 16:39
End of Day Share Price 2026/01/02 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

RITES Limited is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAntique Stockbroking Ltd.
Kunal ShethBatlivala & Karani Securities India Pvt. Ltd.
Shreyans MehtaEquirus Securities Private Limited